x 0

Once in every few weeks, US will come out with the news of debt deficit etc.

Then, followed by unemployment rate. LOL!

x 0

If you have some good suggestions, now its time to suggest in the Minsiters' face books.

Put up your brave view, see if they adopt your ideas......then, you become another MBT who comes out brilliant ideas of ERP.

The new ERP system should improve into something like :

- Bigger capacity car (above 1800cc), must pay more $$ when entering ERP

yummygd ( Date: 12-May-2011 09:43) Posted:

.....elections been over for sometime liao still talking about politics hahaha Papaya been voted back in everything is set for e next 5 years...no point liao. come back 5 years later n talk about it.

x 0

I am very much waiting " if " there is change to HDB rules..........

Let them test out " Renting " instead of selling hdb to singaporeans.....

niuyear ( Date: 12-May-2011 09:21) Posted:

People have been suggesting an wanting to go back to simple life in 1960 o r 1980 - complaints of ERP, high housing prices, more suicidal cases........

1) remove HDB ownership

2) remove Casinos

3) remove ERPs

If oppositions could have all the above removed, they can get my precious vote next round.

x 0

So, where happen to those empty new flats? Still empty or?

pharoah88 ( Date: 11-May-2011 21:55) Posted:

previously there were lots of EXCESS empty new flats because HDB was and still is very poor or incompetent in forecasting demands ? ? ? ?

now they RESTRICT SUPPLY to increase PRESSURE by extending waiting TIME ? ? ? ?

Malaysia can build houses so much faster than SINGAPORE ? ? ? ?

Luostock ( Date: 11-May-2011 21:45) Posted:

Too bad, MBT is still voted in. Always introduce hated policies : ERP ? HDB's BTO. Trying to expalin his housing policy thro' newspaper. Don't see a tinge of " regret" that his policy is detriment to birth rate. Hope he is out of the all the ministry. Wherever he goes, his policy is bad for singaporeans.

The ERP was implemented by the Land Transport Authority in September 1998 ^[1] to replace the Singapore Area Licensing Scheme. Mah served as Singapore's Minister for Communications from 1991-99.

Awarded BTO main contractors tender, each construction costs per 5-room, 4-room, 3-room & 2-room units are likely to be average about $160,000, $120,000, $80,000 & $40,000 (based on 2004 cost) respectively. Let say the inflation rate in the past 7 yrs is 5% per annum, the cost should be 1.407 times the cost in 2004. So the cost of a 4-rm flat will be 1.407 x S$120K = S$ 169 K. How much is the HDB charging the 1st timer,approx close to S$290 K.

The waiting time for new flat applicants under the old Registration for Flats System (RFS) is relatively short, resulting in some applicants getting their flats earlier than they would like to. Hence flats build under the BTO would likely be completed in 4 years or lesser time. For eligible flat buyers in urgent need of accommodation, the new quarterly or half yearly sale system enables them to buy a new ready-flat in a relative short period

x 0

I also made coffee money. We can share one big cup of coffee, ask for empy plastic cup, you half , i half.

Must be thrify, then can make from this counter. hahaha!

AnthonyTan ( Date: 11-May-2011 12:37) Posted:

niuyear, I am just trying to make some coffee money

plus a bowl of wanton mee, hahaha

x 0

People have been suggesting an wanting to go back to simple life in 1960 o r 1980 - complaints of ERP, high housing prices, more suicidal cases........

1) remove HDB ownership

2) remove Casinos

3) remove ERPs

If oppositions could have all the above removed, they can get my precious vote next round.

x 0

Breast milk contaminated by the radiation, pollution and bad diet from the mother can create monster babies.

pharoah88 ( Date: 11-May-2011 11:10) Posted:

Breast-fed children end up better behaved than those who are not

LONDON

tOO many formula milk children in the new young electorate

because their mums were working and could not breast-feed ? ? ? ?— Babies who are breast-fed are less likely to have behavioural problems by the age of five than those given formula milk, according to new research.

x 0

CEO and COO must cheong arhhhhhhhhhhhhhh

Bluevaio ( Date: 11-May-2011 12:29) Posted:

Because they have lousy CEO and COO!

ipucca ( Date: 11-May-2011 12:21) Posted:

i remember seeing capland always above kepland by a dollar last time. wonder why it has underperform competitor by so much now?

x 0

You are making more than me. Kepland cheong arhhhhhhhhhhhhhhhh

capland ( Date: 11-May-2011 12:20) Posted:

just unload 25 lots kepland , which i bought (50lots) @ 3.98 few days ago. make 0.15. Not bad. $3000+. can go KL genting lao.

x 0

shhh............why are you telling people... becos of ?

lol!

risktaker ( Date: 11-May-2011 12:16) Posted:

later afternoon friends might.buy up. :)

niuyear ( Date: 11-May-2011 10:28) Posted:

Those who followed your call to buy at $2.30, i think 50% of them already sold when it hit high of 2.96 where a sudden gap up happened 2 weeks ago.

:)

x 0

your appearance are making people here noti

Gaecia ( Date: 11-May-2011 12:07) Posted:

rotiboy, u are so notti.

rotijai ( Date: 11-May-2011 12:00) Posted:

wat about $1.3 ? :

x 0

Anyone wish not to OWN any HDB, instead, goverenment give you cheap rent every month?

How many votes Yes -

How many votes NO -

pharoah88 ( Date: 11-May-2011 10:30) Posted:

http://www.mnd.gov.sg/reflections_housing/article5.htm

Pricing flats according to their value

TODAY, 29 October 2010, pB6 & pB7
MAH BOW TAN, Minister for National Development

The prices of HDB flats are always a subject of much public interest. In my conversations with young couples, a common question I hear is: " Why are HDB flats so expensive? Prices today seem much higher than what our parents paid in the 1970s and 1980s!"

Asian Financial Crisis 1997

World Financial Tsunami 2007

Singapore Financial CRASH 2017 ? ? ? ?

niuyear ( Date: 11-May-2011 10:16) Posted:

This will include 'NON OWNERSHIP OF HDB FLAT'

x 0

Those who followed your call to buy at $2.30, i think 50% of them already sold when it hit high of 2.96 where a sudden gap up happened 2 weeks ago.

:)

risktaker ( Date: 11-May-2011 10:06) Posted:

those who have followed my call and buy @ 2.30-2.40 would have made 50 cents. HUAT ah

x 0

Investors are investros, be it BIG investors or smll investors .

So, small investors (due to limitations in capital), they need to monitor more often than the BIG INVESTORS (aka , institutions or fund managers or banks).

Richman ( Date: 11-May-2011 10:10) Posted:

So funny leh, you all are in this forum

I think big investor will have no time to come here

For me also not big investor

x 0

or is he more suited to join GIC or any investment companies whoes calibra of making 22 billion from IPOs share share is required ?

niuyear ( Date: 11-May-2011 10:12) Posted:

“.............He’s committed to the cause and believes that he can present a different dialogue and view to Singapore,” said Ramos-Gomez, who has served with Chen on the advisory board of the Singapore Management University School of Law since 2007 and was Mexico’s ambassador to the city state.

-----------------------------------------------------------------------------------------------------------------------------------------------------------

Does Singapore need an opposition guy who made mllions of ipos share sales?

Jackpot2010 ( Date: 10-May-2011 11:33) Posted:

Bloomberg reported on Chen Show Mao but nothing on WP Low ro PM Lee...

Deal Lawyer Chen Makes Initial Offering in Singapore Parliament Elections

By Andrea Tan - May 3, 2011

Chen Show-Mao, after years of advising on deals like Agricultural Bank of China Ltd. (601288)’s $22.1 billion initial share sale, has a new type of offering in the works: His opposition-party candidacy to join Singapore’s parliament.

“We want to help you to ask the serious questions that will make our democratic system of government work better,” the head of Davis Polk & Wardwell LLP’s Beijing office told more than 20,000 people in a suburban Singapore sports stadium last week in his first campaign speech before the May 7 elections.

A victory by Chen and his Workers’ Party team, which is contesting in a district that elects five representatives, would alone more than double the number of opposition seats in parliament. A Chen team win would also oust Singapore’s Foreign Minister George Yeo, who is leading the People’s Action Party candidates in that constituency.

PAP co-founder Lee Kuan Yew has dubbed the 50-year-old lawyer a “celebrity” who hasn't lived in the country for decades and said voters will “repent” if they don’t elect the ruling party. The PAP’s 52-year stretch in government has made the country Asia’s richest per capita.

Opposition parties, which previously haven’t run enough candidates to prevent the PAP from returning to power on nomination day, are challenging 82 of 87 seats this year.

While analysts including Lim Jit Soon, Nomura Securities’ Singapore research head, said they expect another clear victory for the PAP, they said a lower share of the public's vote could see some policy changes. The PAP won 67 percent of the vote and all but 2 of the seats in parliament in the 2006 poll.

Reviewed Policies

“If the PAP achieves a significantly reduced popular vote it may look to review some of its policies like immigration,” Lim said in a strategy note titled ‘Times they are a-changin.’

Foreigners make up 36 percent of Singapore’s 5.1 million population, up from 14 percent in 1990, boosting the economy and creating jobs for Singaporeans, the government says.

Prime Minister Lee Hsien Loong said last month that investments such as a new $3 billion memory chip plant built by Intel Corp. and Micron Technology Inc. wouldn’t have been possible without foreign workers. Opposition parties have questioned if growth is being pursued at too high a cost by letting too many foreigners in.

“How many hundreds of thousands of foreign workers to bring in every year is enough?” Chen asked in his April 28 rally speech to roars of approval. He declined to be interviewed for this story.

‘Success Story’

Chen himself is a “success story” of Singapore’s immigration policy, Law Minister K. Shanmugam said April 29. Chen came to Singapore from Taiwan with his parents and younger sister when he was 11 in 1972. He has spent the last 30 years overseas.

He graduated with an economics degree from Harvard, won a Rhodes Scholarship to Oxford and got his law doctorate from Stanford University before joining Davis Polk in New York in 1992.

PAP leaders such as organizing secretary Ng Eng Hen have asked if Chen can identify with the aspirations of Singaporeans after spending most of his life overseas.

“I’ve spent all this time abroad, but that doesn’t mean I stop being Singaporean,” he said when announcing his candidacy last week.

Chen, who took Singapore nationality in 1986 after serving in the country’s army, said living elsewhere “enhanced rather than diluted” his sense of being Singaporean.

Dealmaker

Chen’s work at Davis Polk included advising Cnooc Ltd. (883) on its $18.5 billion bid for Unocal Corp. and the global IPOs of companies including Industrial & Commercial Bank of China (601398) Ltd., Air China Ltd. (601111), China Petroleum & Chemical Corp. (600028) and China Unicom Hong Kong Ltd. (762)

The American Lawyer magazine, a trade publication, named him one of its dealmakers of 2010 for managing the Agricultural Bank IPO, which was underwritten by investment banks that included Goldman Sachs Group Inc. (GS) and Morgan Stanley. (MS)

“In the second half of my life, I would like to give something back to my country,” Chen said at his nomination announcement, adding that he planned to relocate his wife and three children to Singapore from Beijing regardless of whether he gets elected.

Chen will be retiring from Davis Polk, Hong Kong-based partner William Barron said. “We appreciate all of his efforts at the firm and wish him all the best of luck.”

Public Service Culture

Davis Polk is a firm where public service has been part of the culture, said Anthony Root, who first met Chen when they opened the firm’s Hong Kong office in 1993.

“It’s a good thing for Singapore to have someone with his international experience, integrity and quiet wisdom offering to serve,” said Root, who now heads Asia for Milbank, Tweed, Hadley & McCloy LLP.

Chen is putting a lot on the line, said Wilson Ang, a Singapore-based corporate lawyer who got to know him when both worked for different international firms in Hong Kong. “Politics is a rough and tumble game.”

Two lawyers with Singapore law firms who previously ran as Workers’ Party candidates have been sued for defamation by PAP leaders. A third was fined for tax evasion after the election.

Tang Liang Hong, who contested the 1997 elections, was ordered to pay a record S$8 million ($6.5 million) for defaming 11 PAP members including then Prime Minister Goh Chok Tong and Lee Kuan Yew, the father of the current premier who led the PAP to eight election victories before stepping down in 1990. The amount was later reduced to S$3.6 million.

Transparent Laws

Tang’s wife, who was named as a defendant in the lawsuits, was bankrupted and is still paying the debt, Tang said from Melbourne, where he now lives.

The PAP says Singapore’s rules and laws are transparent and rejects suggestions that it uses defamation suits to dissuade political opposition.

“It is a pattern because there is a pattern amongst the opposition leaders to accuse us of wrongdoing,” Goh said in a September 2003 interview with the BBC. “It’s a pattern for us to restore the harm that they have done to our reputation.”

At his nomination announcement, Chen said he was aware of the need to be as careful as possible in formulating his public comments.

Lee Kuan Yew, the oldest member of Singapore’s cabinet at 87, has said the ruling party would accept the loss of the Aljunied district Chen is contesting. At the same time, he added that its voters have to accept the consequences of choosing a team including a “celebrity who has been away 30 years.”

‘Live and Repent’

“If Aljunied decides to go that way, well Aljunied has five years to live and repent,” he said, adding that property values in the area may fall with the PAP government prioritizing districts it wins for improvements.

Singapore is tolerant and open enough for a voice like Chen’s, said Eduardo Ramos-Gomez, managing partner of Duane Morris LLP’s Asian offices.

“He’s committed to the cause and believes that he can present a different dialogue and view to Singapore,” said Ramos-Gomez, who has served with Chen on the advisory board of the Singapore Management University School of Law since 2007 and was Mexico’s ambassador to the city state.

To contact the reporter on this story: Andrea Tan in Singapore at atan17@bloomberg.net

To contact the editor responsible for this story: Douglas Wong at dwong19@bloomberg.net

x 0

This will include 'NON OWNERSHIP OF HDB FLAT'

niuyear ( Date: 11-May-2011 10:15) Posted:

Are w e all serious enough to want to go back 1980s way of life?????

pharoah88 ( Date: 11-May-2011 10:12) Posted:

Singaporeans gave

" FREE HAND" SUPPORTS

for 52 years

in FULL TRUST.

Every thing was appreciated from 1965 till 1980

Conditions started to deteriorate from 1981 till today

The SHAKE UP ? ? ? ?

R E S E T the SYSTEM R E C O V E R Y to 1980

WHEN every Singaporeans was V E R Y H A P P Y

ALL IMPLEMENTATIONS must be

WIN - WIN - WIN - WIN - WIN - WIN - WIN - WIN

Only WINNERS for ALL SINGAPOREANS

nO LOSERS

nOt a ZERO SUM WIN-LOSE GAME

ROOT CAUSE ? ? ? ?

WINNER TAKES ALL

When the GENERAL takes ALL, he fights the WAR ALONE withOUt the sOldiers.

because nO sOldier wOUld want tO fight a WAR fOr a GENERAL whO takes ALL ? ? ? ?

x 0

Are w e all serious enough to want to go back 1980s way of life?????

pharoah88 ( Date: 11-May-2011 10:12) Posted:

Singaporeans gave

" FREE HAND" SUPPORTS

for 52 years

in FULL TRUST.

Every thing was appreciated from 1965 till 1980

Conditions started to deteriorate from 1981 till today

The SHAKE UP ? ? ? ?

R E S E T the SYSTEM R E C O V E R Y to 1980

WHEN every Singaporeans was V E R Y H A P P Y

ALL IMPLEMENTATIONS must be

WIN - WIN - WIN - WIN - WIN - WIN - WIN - WIN

Only WINNERS for ALL SINGAPOREANS

nO LOSERS

nOt a ZERO SUM WIN-LOSE GAME

ROOT CAUSE ? ? ? ?

WINNER TAKES ALL

When the GENERAL takes ALL, he fights the WAR ALONE withOUt the sOldiers.

because nO sOldier wOUld want tO fight a WAR fOr a GENERAL whO takes ALL ? ? ? ?

niuyear ( Date: 11-May-2011 09:54) Posted:

People conveniently blame the system and the government when things dont go their way.

So, what kind of " shake up" should be given to these people?

x 0

“.............He’s committed to the cause and believes that he can present a different dialogue and view to Singapore,” said Ramos-Gomez, who has served with Chen on the advisory board of the Singapore Management University School of Law since 2007 and was Mexico’s ambassador to the city state.

-----------------------------------------------------------------------------------------------------------------------------------------------------------

Does Singapore need an opposition guy who made mllions of ipos share sales?

Jackpot2010 ( Date: 10-May-2011 11:33) Posted:

Bloomberg reported on Chen Show Mao but nothing on WP Low ro PM Lee...

Deal Lawyer Chen Makes Initial Offering in Singapore Parliament Elections

By Andrea Tan - May 3, 2011

Chen Show-Mao, after years of advising on deals like Agricultural Bank of China Ltd. (601288)’s $22.1 billion initial share sale, has a new type of offering in the works: His opposition-party candidacy to join Singapore’s parliament.

“We want to help you to ask the serious questions that will make our democratic system of government work better,” the head of Davis Polk & Wardwell LLP’s Beijing office told more than 20,000 people in a suburban Singapore sports stadium last week in his first campaign speech before the May 7 elections.

A victory by Chen and his Workers’ Party team, which is contesting in a district that elects five representatives, would alone more than double the number of opposition seats in parliament. A Chen team win would also oust Singapore’s Foreign Minister George Yeo, who is leading the People’s Action Party candidates in that constituency.

PAP co-founder Lee Kuan Yew has dubbed the 50-year-old lawyer a “celebrity” who hasn't lived in the country for decades and said voters will “repent” if they don’t elect the ruling party. The PAP’s 52-year stretch in government has made the country Asia’s richest per capita.

Opposition parties, which previously haven’t run enough candidates to prevent the PAP from returning to power on nomination day, are challenging 82 of 87 seats this year.

While analysts including Lim Jit Soon, Nomura Securities’ Singapore research head, said they expect another clear victory for the PAP, they said a lower share of the public's vote could see some policy changes. The PAP won 67 percent of the vote and all but 2 of the seats in parliament in the 2006 poll.

Reviewed Policies

“If the PAP achieves a significantly reduced popular vote it may look to review some of its policies like immigration,” Lim said in a strategy note titled ‘Times they are a-changin.’

Foreigners make up 36 percent of Singapore’s 5.1 million population, up from 14 percent in 1990, boosting the economy and creating jobs for Singaporeans, the government says.

Prime Minister Lee Hsien Loong said last month that investments such as a new $3 billion memory chip plant built by Intel Corp. and Micron Technology Inc. wouldn’t have been possible without foreign workers. Opposition parties have questioned if growth is being pursued at too high a cost by letting too many foreigners in.

“How many hundreds of thousands of foreign workers to bring in every year is enough?” Chen asked in his April 28 rally speech to roars of approval. He declined to be interviewed for this story.

‘Success Story’

Chen himself is a “success story” of Singapore’s immigration policy, Law Minister K. Shanmugam said April 29. Chen came to Singapore from Taiwan with his parents and younger sister when he was 11 in 1972. He has spent the last 30 years overseas.

He graduated with an economics degree from Harvard, won a Rhodes Scholarship to Oxford and got his law doctorate from Stanford University before joining Davis Polk in New York in 1992.

PAP leaders such as organizing secretary Ng Eng Hen have asked if Chen can identify with the aspirations of Singaporeans after spending most of his life overseas.

“I’ve spent all this time abroad, but that doesn’t mean I stop being Singaporean,” he said when announcing his candidacy last week.

Chen, who took Singapore nationality in 1986 after serving in the country’s army, said living elsewhere “enhanced rather than diluted” his sense of being Singaporean.

Dealmaker

Chen’s work at Davis Polk included advising Cnooc Ltd. (883) on its $18.5 billion bid for Unocal Corp. and the global IPOs of companies including Industrial & Commercial Bank of China (601398) Ltd., Air China Ltd. (601111), China Petroleum & Chemical Corp. (600028) and China Unicom Hong Kong Ltd. (762)

The American Lawyer magazine, a trade publication, named him one of its dealmakers of 2010 for managing the Agricultural Bank IPO, which was underwritten by investment banks that included Goldman Sachs Group Inc. (GS) and Morgan Stanley. (MS)

“In the second half of my life, I would like to give something back to my country,” Chen said at his nomination announcement, adding that he planned to relocate his wife and three children to Singapore from Beijing regardless of whether he gets elected.

Chen will be retiring from Davis Polk, Hong Kong-based partner William Barron said. “We appreciate all of his efforts at the firm and wish him all the best of luck.”

Public Service Culture

Davis Polk is a firm where public service has been part of the culture, said Anthony Root, who first met Chen when they opened the firm’s Hong Kong office in 1993.

“It’s a good thing for Singapore to have someone with his international experience, integrity and quiet wisdom offering to serve,” said Root, who now heads Asia for Milbank, Tweed, Hadley & McCloy LLP.

Chen is putting a lot on the line, said Wilson Ang, a Singapore-based corporate lawyer who got to know him when both worked for different international firms in Hong Kong. “Politics is a rough and tumble game.”

Two lawyers with Singapore law firms who previously ran as Workers’ Party candidates have been sued for defamation by PAP leaders. A third was fined for tax evasion after the election.

Tang Liang Hong, who contested the 1997 elections, was ordered to pay a record S$8 million ($6.5 million) for defaming 11 PAP members including then Prime Minister Goh Chok Tong and Lee Kuan Yew, the father of the current premier who led the PAP to eight election victories before stepping down in 1990. The amount was later reduced to S$3.6 million.

Transparent Laws

Tang’s wife, who was named as a defendant in the lawsuits, was bankrupted and is still paying the debt, Tang said from Melbourne, where he now lives.

The PAP says Singapore’s rules and laws are transparent and rejects suggestions that it uses defamation suits to dissuade political opposition.

“It is a pattern because there is a pattern amongst the opposition leaders to accuse us of wrongdoing,” Goh said in a September 2003 interview with the BBC. “It’s a pattern for us to restore the harm that they have done to our reputation.”

At his nomination announcement, Chen said he was aware of the need to be as careful as possible in formulating his public comments.

Lee Kuan Yew, the oldest member of Singapore’s cabinet at 87, has said the ruling party would accept the loss of the Aljunied district Chen is contesting. At the same time, he added that its voters have to accept the consequences of choosing a team including a “celebrity who has been away 30 years.”

‘Live and Repent’

“If Aljunied decides to go that way, well Aljunied has five years to live and repent,” he said, adding that property values in the area may fall with the PAP government prioritizing districts it wins for improvements.

Singapore is tolerant and open enough for a voice like Chen’s, said Eduardo Ramos-Gomez, managing partner of Duane Morris LLP’s Asian offices.

“He’s committed to the cause and believes that he can present a different dialogue and view to Singapore,” said Ramos-Gomez, who has served with Chen on the advisory board of the Singapore Management University School of Law since 2007 and was Mexico’s ambassador to the city state.

To contact the reporter on this story: Andrea Tan in Singapore at atan17@bloomberg.net

To contact the editor responsible for this story: Douglas Wong at dwong19@bloomberg.net

x 0

Yes sir, I have the holding power,

Its a buy on dip for me.

No sweat.

:)

capland ( Date: 11-May-2011 10:00) Posted:

I read all the posts . I wonder why people are questioning the company. Now is the XD effect. If a person is looking far enough, he should not be worring down. Look at the peers, not one had a full diversfy portfolio as cpl. It had ventured into new areas, and it will have to take some time to bear result. Do not expect to see price goes up, when u bought. If u are a trader , is alright to short and long . But don be panick by the market , if u have the holding power.

Isolator ( Date: 11-May-2011 09:41) Posted:

That's why I only short CPL... Where is Capland who advise others to keep buying... Why buy so expensive when it can be cheaper....

x 0

hahaha! Mega deals.

ozone2002 ( Date: 11-May-2011 09:56) Posted:

MEga oversold counter..

will Q low 3.1s